Tokenization of payment profiles and standardization of processors
Bank-card information should be stored and handled in a secure way. LoanPro’s Secure Payments has been operating for over 6 years with no data breaches and maintains the highest-level PCI certification, keeping customers’ payment card data secure. Secure Payments integrates with both bank-card and ACH processors. Security is one focus of Secure Payments; the other is payments. This includes multiple payment options, scalability, volume, and accuracy.
Many of our large customers work directly with a financial institution to process payments. Secure Payments generates NACHA and CPA-005 files and provides an easy upload for return files, which automatically changes transaction statuses and documents return codes.
Prefer to do your own transaction scrubbing and build your own file? Secure Payments provides built-in transaction batching, and our support team can provide guidance to ensure transactions are processed correctly.
Connected services to simplify your data lookup, verification, and communication.
LoanPro’s Connections service will facilitate receiving and sending the right information for you. This application is our hub for integrated services to make our Lending Core more functional and convenient.
Every company is unique, and your process may not require outside data. Many lenders look to sources or data aggregators for things like credit scores, OFAC SDN list, VIN decoding, and more. Connections links to each of these services and more, just in case you need them. Every Connections service is integrated directly with LoanPro’s Loan Management system.
Lending core events and triggers can be used to send custom template communications when specific loan events occur or conditions are met. Our Loan Management Software + Connections communication is a powerful combination that will help you stay on top of notifying your customers.
